The surge of nations agreeing to participate in China’s new development bank — the Asian Infrastructure Investment Bank — marks a stunning success for Beijing, which has overcome U.S. opposition and arm-twisting to lure key American allies. Washington has been at its petulant worst, ...

The Abe administration will compile a stopgap budget to fund government spending for 11 days starting April 1 as the budget for fiscal 2015 is unlikely to be enacted by March 31, Finance Minister Taro Aso said Friday. “Though the administration will continue to ...

Some comments made by Finance Minister Taro Aso last month on the benefits of a weaker yen are missing in an outline of his remarks posted on his ministry’s website. “Low yields, the weak yen and cheap oil are basically, for countries like Japan ...

The state of Japan’s public finances is “extremely severe,” Finance Minister Taro Aso said on Thursday, vowing to do whatever is needed to boost revenues and cut expenditures to restore the country’s fiscal health. Aso, who is also deputy prime minister, said Tokyo will ...

U.S. Treasury Secretary Jack Lew and Finance Minister Taro Aso on Monday reaffirmed the importance of ensuring monetary policy is not aimed at manipulating exchange rates, the U.S. government said. The Group of Seven (G-7) finance chiefs in the past agreed monetary measures should ...

Japanese officials have signaled their blessing of a weaker yen as polls show Prime Minister Shinzo Abe’s coalition may expand its Lower House majority in this weekend’s election. Finance Minister Taro Aso said Tuesday that the yen’s slide has helped improve the economy and ...

After telling Japan’s growing ranks of elderly they should “hurry up and die,” Finance Minister Taro Aso has turned his well-oiled gaffe gun on “people who don’t give birth.” The former prime minister said pensioners are not to blame for the spiraling social welfare ...

Prime Minister Shinzo Abe secured the support of Group of 20 leaders for his “Abenomics” policies during a two-day summit that wrapped up Sunday in Brisbane, Australia. Abe told the leaders that his “three-arrow” approach was helping create a “virtuous cycle” of economic growth ...

The number of women working in the Finance Ministry as career-track employees is set to rise to an all-time high of seven in the business year ending March 2015, up from five the previous year, informed sources said Monday. The increase is a reflection ...

The Abe administration will compile another extra budget to mitigate the economic impact of the October 29015 tax hike, Finance Minister Taro Aso indicated on Friday. “It is necessary to prepare to craft a supplementary budget” this fiscal year, Aso said while expressing his ...